1. Bloomfield Hills – Gross Income: $170,000 | Median Home: $580,000. The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan.
What is the most wealthy county in Michigan?
Michigan counties by per capita income
| Rank | County | Population |
|---|---|---|
| 1 | Oakland | 1,202,362 |
| 2 | Leelanau | 21,708 |
| 3 | Livingston | 180,967 |
| 4 | Washtenaw | 344,791 |
What city has the highest average income in Michigan?
Michigan Median Household Income City Rank
| Rank | Median Household Income ▼ | City / Population |
|---|---|---|
| 1. | $250,001 | Barton Hills, MI / 313 |
| 2. | $167,083 | Lake Angelus, MI / 264 |
| 3. | $163,462 | Bloomfield Hills, MI / 3,925 |
| 4. | $152,625 | Orchard Lake Village, MI / 2,343 |
What are the wealthiest zip codes in Michigan?
10 Richest Michigan Zip Codes
| Rank | Zip Code | Mean Income |
|---|---|---|
| 1 | 49060 | $327,215 |
| 2 | 48301 | $213,167 |
| 3 | 48302 | $209,294 |
| 4 | 48009 | $206,818 |
What is the wealthiest town in the United States?
Atherton, California
Home to tech billionaires like Facebook’s Sheryl Sandberg and Google’s Eric Schmidt, not to mention the headquarters of both companies, as well as Tesla, the richest town in America remains Atherton, California, according to Bloomberg’s 2020 Richest Places Index.
Where do most millionaires live in Michigan?
The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan. The population is just under 4,000. The average income is $170,000 and the median house value is $580,000. There are also homes worth millions located in Bloomfield Hills.
What is considered rich in Michigan?
In the nation as a whole, the richest 20% of households earn at least $131,350 annually, according to the analysis. And to be in the top 5% of income earners in Michigan, households need to make at least $209,099 per year. The state’s current median household income stands at $59,584 annually, the report says.
Where is the most expensive place to live in Michigan?
Ann Arbor, commonly abbreviated as A2, ranks at the top of our list for the most expensive cities in Michigan.
What is the poorest city in Michigan?
Hamtramck
Hamtramck ranks the poorest of Michigan towns, study finds
| State | Poorest Town | Population |
|---|---|---|
| Michigan | Hamtramck | 21,941 |
| Minnesota | Little Falls | 8,664 |
| Mississippi | Yazoo City | 11,076 |
| Missouri | Unionville | 1,998 |
How many millionaires are in Michigan?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 12 | Michigan | 236,858 |
| 13 | Washington | 233,155 |
| 14 | North Carolina | 224,054 |
| 15 | Maryland | 221,189 |
What is Michigan most known for?
Michigan is known for fishing, thanks to its 3,288-mile coastline, the longest freshwater coastline in the United States. Forestry is another important industry, as 90 percent of the Upper Peninsula is covered in trees.
How much is middle class income in Michigan?
How Much Income Do You Need in Michigan To Be Considered Middle Class. The median average income in Michigan is $59,584. The cost of living in Michigan is 7.7% less expensive than the US average.
What is the average family income in Michigan?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 24.6 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $59,234 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $32,854 |
What city has the most billionaires?
Now there’s a new number one. N ew York City has taken back its crown. With 107 billionaire residents, worth over $640 billion, The Big Apple is home to more three-comma club members than any other city on the planet.
Which city has the most millionaires?
Cities With The Most Millionaires
| Rank | City | Number of millionaires |
|---|---|---|
| 1 | London | 357,200 |
| 2 | New York | 339,200 |
| 3 | Tokyo | 279,800 |
| 4 | Hong Kong | 227,900 |
Where do most billionaires live?
In detail, China topped the list with a billionaire population of 1,133 people. By comparison, 716 billionaires resided in the United States. India, Germany, and the United Kingdom were also the homes of a significant number of billionaires that year.
Do any billionaires live in Michigan?
These five Michigan billionaires also made Forbes list of the 400 wealthiest Americans for 2021, according to the recently released ranking. Daniel Gilbert, cofounder of Quicken Loans, is worth an estimated $30.9 billion and was ranked 23 on Forbes’ list of 2021 billionaires.
Who is the richest person in Michigan 2021?
(WXYZ) — Forbes released its list of the 400 wealthiest Americans in 2021, and six people from Michigan made the list. Rocket Mortgage Founder Dan Gilbert is the highest-ranked Michigander on the list.
Is Traverse City wealthy?
According to recent data from Wealth Engine’s Millennial Wealth Report 2019, The 49685 Traverse City Zip Code has more Millennial Millionaires than any other zip code in the United States. Traverse City has been booming with business and real estate development in the past decade.
What is a good salary in Michigan?
While ZipRecruiter is seeing salaries as high as $119,935 and as low as $18,079, the majority of salaries within the Average jobs category currently range between $43,653 (25th percentile) to $65,259 (75th percentile) with top earners (90th percentile) making $79,369 annually in Michigan.
What is the top 5 income Michigan?
Michigan
- Average top 5% income: $316,232.
- Lower limit of top 5%: $187,384.
